323 South 5th Street
323 South 5th Street, between Rodney and Keap streets · Williamsburg
BBL 3024497504 · BIN 3063490
- Year built
- 1899
- Type
- Condominium
- Landmark
- No
- Amenities
- Private outdoor space, central air conditioning and in-home laundry
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 323 South 5th Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
About the building
323 South 5th Street is an 1899 Williamsburg building converted from three dwellings to four condominium residences. The Attorney General accepted the offering in September 2024 under sponsor 323 S5 LLC. The redevelopment included interior renovation, floor-level adjustments and a rear metal deck. DOB issued a certificate of occupancy for the four-home configuration in June 2026.
The residences include two-bedroom duplex layouts with north and south exposures. Outdoor space takes several forms, including rear garden space, terraces and roof decks, with private roof rights attached to upper homes. The interiors have ceilings around ten feet high, central air conditioning and laundry. The building is a walk-up, so the duplex plans involve both the common stair and internal circulation between living and bedroom levels.
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 25, 2025 | 4 | 2 BR · 1,007 sf | $1,545,000 | $1,534/sf | -0.3% |
| Sep 25, 2025 | 3B | 2 BR · 2 BA · 1,007 sf | $1,545,000 | $1,534/sf | -4.6% |
| May 30, 2025 | 3 | 2 BR · 2 BA · 1,026 sf | $1,535,000 | $1,496/sf | -1.0% |
| Mar 14, 2025 | 2 | 2 BR · 2 BA · 969 sf | $1,425,000 | $1,471/sf | -4.7% |
| Mar 14, 2023 | — | 2 BR · 3 BA · 4,317 sf | $2,750,000 | $637/sf | off-mkt |
Market read. Most recent trades (2025) cleared a median $1,515/sf across 4 sales. Median listing discount 2.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02449-7504) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
At the recent median sale of $1.54M (4 sales since 2024), a buyer putting 25% down would pay about $65,614 to close, or 4.2% of the price.
- Mansion tax: $15,450
- Mortgage recording tax: $22,306
- Title insurance: $6,952
- Attorneys, lender, building fees, reserves and filings: $20,906
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Private roof rights sit within a four-home condominium. A buyer should establish the boundaries of the exclusive outdoor area and the division of deck, drainage and waterproofing expenses. The small association must fund the shared structure through few owners, and a lender's project review can matter as much as the purchaser's individual qualification.
Comparable buildings
- 180 South 4th Street: A nearby prewar condominium with a larger residential inventory.
- Lofts1: A converted building for comparing ceiling heights and apartment configurations.
- The Rialto: A larger prewar condominium with a different association scale.
More Williamsburg buildings
- 30 Bartlett Street — 2024 condominium
- 307 Division Avenue — 1920 condominium
- 308 North 7th Street (308 N7) — 2019 condominium by Isaac & Stern Architects
- 33 Conselyea Street — 2019 condominium
- 33 Frost Street — condominium
- 330 Wallabout Street — 2022 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Williamsburg.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 323 South 5th Street?
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